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Government borrowing halves and opens room for tax cuts in March’s Budget
Chancellor Jeremy Hunt could have more options ahead of March’s Budget as government borrowing halved at the end of 2023. With a general election looming, Hunt may take the opportunity to ease the tax burden. Read on to discover some of the personal finance changes that could be announced. Figures from the Office for National Statistics (ONS) show that government borrowing halved in December 2023. The lower deficit of £7.8 billion– the lowest month since 2019 – means the chan

Tom from Harken Financial
Feb 13, 20244 min read
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